Intel Corp. 's Gordon Moore in 1965 came up with what came to be known as Moore's Law, which stated that the number of transistors on a chip will double about every two years.
"I don't think this announcement would have been made unless they had been talking to the Fed in advance," said Chip MacDonald, a banking lawyer at Jones Day, referring to the U. S. Federal Reserve.
The new index, which kicks off Jan. 10, will comprise 30 leading blue-chip companies ranked by market capitalization; Yangzijiang's market cap is about S$4 billion.